Thread: Business Groups
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Old 05-22-2008, 02:00 PM
frazell frazell is offline
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Join Date: Apr 2008
Location: Philadelphia, PA (USA)
Posts: 14
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Hey,

Yea I'm sure we'll exist just fine along side each other. I was just offering a comical jab in an attempt to break the ice.

I looked at your site for the first time today and I noticed you have a link requesting information from people who would be interested in investing in your corporation. I'm not sure if you're aware of the fact that doing so is considered to be selling stock to the public.

By soliciting public investment you'll have to comply with all SEC regulations and filing requirements just like Microsoft or GM does. Not to forget extremely expensive regulations like Sarbanes-Oxley.

A good start would be: http://www.sec.gov/info/smallbus.shtml

Your other option is to drop the investor section from your website and not to solicit investments publicly.
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